Lockheed Martin [LMT] on Tuesday formally protested the Navy’s decision earlier this month to award the contract for the new Air Missile Defense Radar (AMDR) to Raytheon [RTN]. Lockheed Martin confirmed it filed the protest with the Government Accountability Office (GAO), saying its proposal was not properly evaluated. Northrop Grumman [NOC] also lost the competition but has not announced its intentions. Raytheon's rendering of AMDR. “After careful consideration, Lockheed Martin has protested the Navy’s award of the Air and Missile…
Lockheed Martin Protests Navy’s Award For Next Ship-Based Air Defense Radar
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